Credit Cards

Credit Cards
26% of Consumers Leave Credit Cards Due to Payment Challenges
February 10, 2025

Consumers’ relationships with credit are shaped by various life circumstances, which influence their decisions to enter or leave the credit market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Cards
Legend, Legacy and the Future: Reflecting on 75 Years of Credit Cards and 20 Years...
February 08, 2025

By now, the story of the birth of the credit card has taken on the stuff of legend. The current state of that legend dates the key event to Feb. 8, 1950. That’s 75 years ago today. And here we are. Get the Full Story...

Credit Cards
Senate Bill Would Cap Credit Card Interest Rates at 10%
February 04, 2025

Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Credit Cards
Issuer Earnings Show Consumers Struggling With Timely Credit Card Payments
February 03, 2025

The general tone of earnings season has been cautiously optimistic, as banks and payment networks have pointed to the willingness of consumers to keep spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Credit Cards
With Illinois Interchange Ban Under Injunction, Banks and Merchants Await Next Move
January 29, 2025

A battle in Illinois over interchange fees could influence other states to decide whether these fees should be reshaped or banned. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Cards
Generational Divide in Online Shopping? Not So Fast, Says New Report
January 22, 2025

Conventional wisdom is that younger generations are tech-savvy and the most willing to try new devices, apps and payment methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Credit Cards
American Express to Pay $230 Million to Settle Investigations Into Sales Practices
January 16, 2025

American Express said Thursday (Jan. 16) that it expects to pay $230 million to settle previously disclosed investigations by the U.S. Department of Justice and the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Credit Cards
Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
January 15, 2025

For banks and credit unions looking to modernize, the timing has never been better. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Credit Cards
Brex Secures $235 Million Credit Facility for Global Corporate Cards
January 13, 2025

Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...